SOURCE: FIRST NARROWS RESOURCES CORP.

December 20, 2007 08:30 ET

First Narrows Reports Latest Results From the Chester Resource Definition Drilling Program

Results Include 10.1 m (33 ft.) of 3.42% Copper in Hole 170 and 12.9 m (42 ft.) of 2.5% Copper in Hole 154; Results for 19 Holes Remain Outstanding

VANCOUVER, BC--(Marketwire - December 20, 2007) - First Narrows Resources Corp. (TSX-V: UNO) (PINKSHEETS: FNRWF) ("First Narrows" or the "Company") is pleased to provide the latest analytical results from the delineation drilling program recently completed on the eastern, near surface, portion of the Chester Copper-Polymetallic Feeder Deposit. All analytical results from the 2006-2007 delineation drill holes will be included in an initial mineral resource estimation being prepared by an independent geological consultant in compliance with National Instrument 43-101 ("NI 43-101").

The following results are from 29 holes drilled to examine the north-eastern limit of the high grade Feeder Deposit mineralization situated immediately to the west of the Central Pb-Zn volcanogenic massive sulphide (VMS) zone.

HOLE C-07-141 Collar Coordinates -- 5220037.7 N, 710061.7 E; UTM Grid,
NAD83, dip vertical

---------------------------------------------------------------------
                     Length              %             g/t

            from/to                   Cu    Zn   Pb   Bi   Ag   In

              (m)       (m)   (ft)
---------------------------------------------------------------------

         50.45 to 57.30 6.85  22.5  1.80 0.04 0.01  155  3.4  14.3

Includes 50.45 to 54.10 3.65  12.0   2.5 0.06 0.01  186  4.8  23.3

         79.40 to 85.70 6.30  20.7  1.88 0.05 0.01  173  3.1  13.3

Includes 81.70 to 85.70 4.00  13.1  2.26 0.06 0.01  218  3.7  16.2

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HOLE C-07-142 Collar Coordinates -- 5220025.2 N, 710061.0 E; UTM Grid,
NAD83, dip vertical


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                     Length              %              g/t

            from/to                   Cu    Zn    Pb   Bi   Ag   In

              (m)       (m)   (ft)
---------------------------------------------------------------------
         50.00 to 58.85 8.85  29.0 1.75  0.05  0.01  110  3.7
11.3

Includes 54.90 to 58.85 3.95  13.0 2.06  0.06  0.01  107  4.1  7.5

         77.00 to 83.80 6.80  22.3 1.96  0.05  0.01   99  3.8 17.1

Includes 79.50 to 83.80 4.30  14.1 2.59  0.06  0.01   98  5.0 23.7

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HOLE C-07-143 Collar Coordinates -- 5219941.6 N, 710160.6 E; UTM Grid,
NAD83, dip vertical


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                     Length              %              g/t

            from/to                   Cu    Zn   Pb    Bi   Ag   In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         35.65 to 48.60 12.95  42.5 1.96 0.33 0.03  192  7.0  9.5

Includes 35.65 to 40.30  4.65  15.3 2.60 0.72 0.06  327  8.9 13.8

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HOLE C-07-144 Collar Coordinates -- 5220077.1 N, 710064.5 E; UTM Grid,
NAD83,
dip vertical


---------------------------------------------------------------------
                     Length              %              g/t

            from/to                   Cu    Zn   Pb    Bi   Ag   In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         54.90 to 59.55  4.65  15.3 3.04 0.07 0.02  244  6.7  23.1

---------------------------------------------------------------------

HOLE C-07-145 Collar Coordinates -- 5220089.5 N, 710067.5 E; UTM Grid,
NAD83, dip vertical


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                     Length                %              g/t

            from/to                     Cu    Zn    Pb   Bi   Ag   In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         29.00 to 32.00  3.00   9.8  0.85  0.03  0.01  87  4.0  3.9

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HOLE C-07-146 Collar Coordinates -- 5220086.4 N, 710112.5 E; UTM Grid,
NAD83, dip vertical


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                     Length                %              g/t

            from/to                     Cu    Zn   Pb    Bi   Ag   In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         53.50 to 58.00 4.50   14.8  3.23  0.07 0.01  254  6.6  23.3

         71.00 to 75.30 4.30   14.1  2.96  0.07 0.01  185  5.2  16.1
---------------------------------------------------------------------


HOLE C-07-147 Collar Coordinates -- 5220073.8 N, 710112.2 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %              g/t

            from/to                     Cu    Zn   Pb    Bi   Ag   In

              (m)        (m)   (ft)
----------------------------------------------------------------------
        48.50 to 50.96  2.46   8.07  1.85  0.04 0.01  188  3.6  13.3

        68.00 to 72.05  4.05   13.3  3.62  0.08 0.01  230  6.0  18.2
----------------------------------------------------------------------


HOLE C-07-148 Collar Coordinates -- 5220061.0 N, 710112.4 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %              g/t

            from/to                     Cu    Zn   Pb    Bi   Ag   In

              (m)        (m)   (ft)
----------------------------------------------------------------------
         49.00 to 53.00  4.00  13.1  1.79  0.04 0.01  113  4.4  13.0

         69.00 to 74.90  5.90  19.4  2.17  0.07 0.01  126  4.1  13.1

Includes 71.60 to 74.90  3.30  10.8  3.02  0.10 0.01  156  5.6  17.1

----------------------------------------------------------------------

HOLE C-07-150 Collar Coordinates -- 5220046.6 N, 710110.8 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %              g/t

            from/to                     Cu    Zn   Pb    Bi   Ag   In

              (m)        (m)   (ft)
----------------------------------------------------------------------
         39.24 to 45.50  6.26  20.5  1.57  0.04 0.01  108  3.7  11.6

         76.15 to 81.73  5.58  18.3  1.00  0.04 0.01   74  2.9   4.0

----------------------------------------------------------------------

HOLE C-07-151 Collar Coordinates -- 5220036.3 N, 710108.7 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %                 g/t

            from/to                     Cu    Zn   Pb    Bi   Ag   In

              (m)        (m)   (ft)
----------------------------------------------------------------------
         38.15 to 41.00  2.85   9.4   3.27  0.07 0.01  152  6.0  35.8

         68.00 to 73.15  5.15  16.9   1.96  0.06 0.01   87  4.7  15.9

----------------------------------------------------------------------

HOLE C-07-152 Collar Coordinates -- 5220023.1 N, 710106.8 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag   In

              (m)        (m)   (ft)
----------------------------------------------------------------------
         37.35 to 41.70  4.35  14.3  1.55  0.04 0.01   88  2.5   17.5

         64.00 to 70.40  6.40   21   0.92  0.03 0.01   52  1.3    6.9

----------------------------------------------------------------------

HOLE C-07-153 Collar Coordinates -- 5220085.8 N, 710124.4 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         44.00 to 71.00 27.00  88.6  0.97  0.03 0.01   64  1.6   5.8

Includes 48.00 to 53.00  5.00  16.4  2.64  0.05 0.01  145  4.3  15.1

---------------------------------------------------------------------

HOLE C-07-154 Collar Coordinates -- 5220072.9 N, 710124.7 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         63.10 to 76.00  12.90  42.3 2.50  0.05 0.01  156  3.5  15.1

Includes 68.00 to 74.40   6.40   21  3.25  0.07 0.01  200  4.6  19.1

---------------------------------------------------------------------

HOLE C-07-155 Collar Coordinates -- 5220061.3 N, 710126.8 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         63.50 to 72.50  9.00  29.5  1.89  0.05 0.01  107  2.7  10.9

Includes 67.00 to 72.50  5.50  18.0  2.36  0.06 0.01  142  3.3  12.5

---------------------------------------------------------------------

HOLE C-07-156 Collar Coordinates -- 5220048.4 N, 710126.7 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)

---------------------------------------------------------------------
         65.00 to 69.59  4.59  15.1  1.77  0.05 0.01   77  2.4  14.3

Includes 67.40 to 69.59  2.19   7.2  2.71  0.06 0.01  104  3.7  21.7

---------------------------------------------------------------------

HOLE C-07-157 Collar Coordinates -- 5220037.1 N, 710126.7 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         60.00 to 69.70  9.70  31.8  1.03  0.04 0.01   57   1.3  7.4

Includes 64.00 to 69.70  5.70  18.7  1.29  0.04 0.01   65   1.7  9.0

---------------------------------------------------------------------

HOLE C-07-158 Collar Coordinates -- 5220012.4 N, 710126.7 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         50.00 to 65.00 15.00  49.2  0.44  0.02 0.01   40  0.7   2.6

includes 29.00 to 31.75  2.75   9.0  3.35  0.10 0.02  332  6.9  37.1

and      59.00 to 61.7   2.70   8.9  1.29  0.03 0.01  102     1.8   5.9

---------------------------------------------------------------------

HOLE C-07-159 Collar Coordinates -- 5220024.1 N, 710128.3 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         28.50 to 31.25  2.75   9.0  2.29  0.07 0.01  172  5.0  18.4

Includes 57.50 to 65.64  8.14  26.7  0.64  0.02 0.01   47  1.3   3.8

---------------------------------------------------------------------

HOLE C-07-160 Collar Coordinates -- 5220023.6 N, 710137.5 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         25.90 to 64.24 38.34  125.8 0.35  0.02 0.01   34  0.6   3.3

Includes 25.90 to 7.90   2.00    6.6 2.37  0.06 0.01  187  4.4  21.4

---------------------------------------------------------------------

HOLE C-07-161 Collar Coordinates -- 5220021.0 N, 710126.7 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
          7.00 to 9.90   2.90  9.5   4.41  0.42 0.06  174  13.0 24.7

         22.20 to 24.9   2.70  8.9   1.83  0.06 0.01  163   3.3 12.8

---------------------------------------------------------------------

HOLE C-07-162 Collar Coordinates -- 5220011.6 N, 710131.4 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         39.10 to  43.70 4.60  15.1  1.85  0.04 0.01   82  2.9  12.9

Includes 39.10 to  41.70 2.60   8.5  2.59  0.04 0.01  117  4.0  17.6

---------------------------------------------------------------------

HOLE C-07-163 Collar Coordinates -- 5220018.3 N, 710112.3 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         34.90 to 39.00 4.10   13.5  1.66  0.03 0.01   76  2.9  14.2

         63.30 to 68.73 5.43   17.8  1.01  0.03 0.01   54  2.7   7.4

---------------------------------------------------------------------

HOLE C-07-164 Collar Coordinates -- 5219999.0 N, 710137.6 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
          24.6 to 27.60 3.00    9.8  2.39  0.13 0.02  103  3.9  13.5

         56.50 to 61.96 5.46   17.1  1.02  0.04 0.01   91  1.4   6.2

---------------------------------------------------------------------

HOLE C-07-165 Collar Coordinates -- 5220008.6 N, 710147.8 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         21.00 to  24.10 3.10  10.2  1.95  0.08 0.01  150  4.7  12.3

---------------------------------------------------------------------

HOLE C-07-166 Collar Coordinates -- 5220014.4 N, 710058.5 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         48.40 to 55.50 7.10   23.3  2.21  0.07 0.01  123  4.4  15.1

Includes 48.40 to 51.50 3.10   10.2  2.98  0.09 0.01  163  6.1  23.8


HOLE C-07-167 Collar Coordinates -- 5219998.4 N, 710062.4 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         35.80 to 47.10 11.30  37.1  1.84  0.07 0.02  121  3.7   6.9

Includes 35.80 to 38.10  2.30   7.5  4.20  0.10 0.02  202  8.6  10.8

---------------------------------------------------------------------

HOLE C-07-168 Collar Coordinates -- 5220078.8 N, 710038.8 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         64.85 to 68.00  3.15  10.3  3.05  0.07 0.02  297  5.9  17.5

---------------------------------------------------------------------

HOLE C-07-169 Collar Coordinates -- 5220078.7 N, 710038.2 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         73.00 to 78.50 5.50   18.0  2.16  0.06 0.01  166  5.5  14.2

         101.5 to 108.0 6.50   21.3  1.36  0.04 0.01   99  2.0  10.8

---------------------------------------------------------------------

HOLE C-07-170 Collar Coordinates -- 5220065.2 N, 710037.3 E; UTM Grid,
NAD83, dip vertical


---------------------------------------------------------------------
                     Length                %             g/t

            from/to                     Cu    Zn   Pb    Bi   Ag    In

              (m)        (m)   (ft)
---------------------------------------------------------------------
         66.60 to 76.70 10.10  33.1  3.42  0.09 0.02  249  7.8  19.2

Includes 70.60 to 76.70  6.10  20.0  4.31  0.10 0.02  323  9.2  26.1

         88.00 to 92.00  4.00  13.1  2.78  0.08 0.01  199  5.4  25.1

         110.0 to 116.0  6.00  16.7  4.03  0.07 0.01  181  7.9  31.3

---------------------------------------------------------------------

Hole C-07-149 was abandoned at 20 meters due to ground conditions before it reached the target depth. A total of 19 drill holes from the Chester Feeder Zone remain to be reported. To review all the previously reported results from the initial resource delineation drilling program (October 19, 2007, September 24, 2007, August 30, 2007, August 23, 2007, July 12, 2007, June 20, 2007, April 25, 2007, April 5, 2007, March 1, 2007, February 8, 2007, January 24, 2007, January 17, 2006, and January 11, 2006) visit the Company's website at: www.uno.ca.

QA/QC

Quality assurance and quality control (QA/QC) of the Chester NI 43-101 qualifying mineral resource estimate drilling, analytical, and surveying programs are being monitored by independent consultants Mr. Robert Sim, P.Geo. and Mr. Bruce Davis. Mr. Earnest Brooks, P.Geo., is the Company's Qualified Person on the Chester Project.

The Chester resource estimate QA/QC program is set up to validate the data resulting from the drilling program. The analytical QA/QC program consists of the use of three types of "check" samples: standards, blanks, and duplicates. These check for lab accuracy, contamination, and repeatability. The Company has also established standard practices that commence prior to drilling, and follow through to tasks at the drill rig, at the core logging facility, and finally at the sampling facility. It is at the sampling stage that the check samples are randomly inserted into the sequence of core samples. 10 to 15% of all samples sent for analysis are QA/QC samples. Sample analysis is being carried out by Activation Laboratories Ltd. in Ancaster, Ontario. Samples are analyzed on a Varian Vista Pro ICP for Cu, Pb, Zn, and Ag using a method to which Activation Laboratories is accredited (ISO 17025 and CAN-P1579) by the Standards Council of Canada. Certified Canmet Reference Standards and OREAS reference standards are used as controls.

About the Chester Feeder Deposit

Based primarily on the historical drilling results, the Chester Feeder Deposit is an east-west trending gently west plunging cigar-shaped mineralized structure within an alteration zone approximately 75 meters (246 ft.) or more in thickness and greater than 200 meters (656 ft.) in width. It extends west of the current area of drilling for more than 800 meters (2,625 ft.). At the east end it lies close to surface and at its known western extent it is approximately 400 meters (1,322 ft.) below surface. The targets of the current resource estimate drilling program are one to three (or more) stacked, gently westerly inclined and northerly striking, sheet-like zones of higher-grade mineralization of variable thicknesses within the cigar-shaped feeder structure.

The Chester property is located in the southern part of the Bathurst Mining Camp approximately 53 kilometers (kms) west of Miramichi City, and 72 kms southwest of the city of Bathurst, New Brunswick.

Christmas Open House

First Narrows will be hosting an open house at its Bathurst office, located at 1095 Bridge Street, today between 4 and 7pm. Everyone is welcome.

About First Narrows Resources Corp.:

First Narrows Resources Corp. (TSX-V: UNO) is a Canadian-based mineral exploration company whose corporate strategy is to develop overlooked and undervalued mineral properties that offer near term production potential. The Company has active projects in the Province of New Brunswick, Canada and in the State of Sonora, Mexico. The most advanced project is the 100%-owned Chester copper-polymetallic deposit in New Brunswick's Bathurst Mining Camp, which is rapidly moving forward to NI 43-101 mineral resource estimate and conceptual mine design status. For more information visit: www.uno.ca

ON BEHALF OF THE BOARD OF DIRECTORS
"Peter K. Gummer"
Peter K. Gummer, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein. We seek safe harbor.

Contact Information

  • For Corporate, Media, or Investor Communications contact:

    Greg Lytle
    Communications Manager
    First Narrows Resources Corp.
    N. America toll-free: (866) 285-5817
    Int'l. & Vancouver: (604) 839-6946
    Email: Email Contact

    First Narrows Resources Corp.
    Suite 402 - 1228 Hamilton Street
    Vancouver, BC
    Canada, V6B 6L2
    Toll free: 866.285.5817
    Tel.: 604.677.5143
    Fax: 604.677.4702
    Website: http://www.uno.ca